Bloomberg has announced that it will now provide Bitcoin price tracking on its financial data terminals. The data will be available via its professional services which has over 320,000 subscribers. 648 words

It was announced today that two students from the Massachusetts Institute for Technology (MIT) have raised half a million US dollars to be converted to bitcoins and distributed among undergraduate students in the next autumn term. 425 words

The banking industry of the UK today announced a new payment system called Paym. This system will enable UK residents to send and receive bank transfers by just using a mobile phone number, rather than the somewhat more involved process of entering an account number and sort code. 480 words

Data gathered by Bitnodes.io shows that the number of Bitcoin nodes is declining. Bitnodes is a data-driven website funded by the Bitcoin Foundation, and services to display a map of Bitcoin network nodes across the world. 554 words

One issue holding bitcoin back from wider-spread adoption is the lack of businesses that accept the digital currency as payment. This is a chicken-and-egg problem. If more businesses had the ability to accept bitcoin, it might encourage consumers to start obtaining and spending it, and vice versa. 1121 words

The Bitcoin based venture capitol seeding fund, “Seedcoin”, has announced its latest round of funding. The startups included in this round include several financial services plus a few surprise entrants. 691 words